Single detached:
Single detached home sales were mixed from year-ago levels across all price ranges in the first quarter of 2020. Sales of properties priced below $250K declined significantly due to short supply, while sales of properties priced above $350K showed strong increases.
The market for single detached homes was tightest in the range $250K-$350K, where demand was strongest relative to supply.
Single detached homes in the price range below $150K spent the least amount of time on market prior to selling in the first quarter, followed closely by properties priced in the $250K-$350K range.
